Cut gaming unit annual forecast by 16 Gaming unit op profit fell 37 in Q1 Game software sales slumped 26 to 47 mln units Lack of high profile titles, COVID easing have hurt demand CFO TOKYO, July 29 Reuters Sony Group Corp trimmed its profit forecast on Friday after a weak first quarter for its PlayStation […]

HOUSTON, July 29 Reuters Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending. The top U.S. oil producer reported secondquarter net income of 17.9 billion, or 4.21 per share, an almost fourfold increase over the 4.69 billion, or […]

MUMBAI, July 29 Reuters India39;s Lighthouse Funds is in talks to raise 400 million for a new fund, a senior executive told Reuters, in what will be the biggest fundraising by the private equity firm that is targeting fastgrowing consumer brands in the country. Lighthouse has raised more than 450 million over the years and […]

MILAN, July 29 Reuters Agricultural and construction machine maker CNH Industrial beat estimates on Friday with a 14 rise in industrial operating profit in the second quarter, but said it anticipated a tougher outlook and was braced for recession in the Americas. The ItalianAmerican company, whose brands include Case IH, Steyr and New Holland, said adjusted […]

MILAN, July 28 Reuters Italy39;s biggest bank Intesa Sanpaolo on Friday posted a biggerthanexpected profit for the second quarter, helped by higher interest rates and trading gains, which offset the hit to net fees from rough markets. Intesa confirmed its financial targets for the year after net profit for AprilJune came in at 1.33 billion euros […]

Total Q2 profit 9.8 bln vs Q1 9 bln Shell Q2 profit 11.5 bln vs Q1 9.1 bln Shell to buy back 6 bln in shares, Total 2 bln Dividends steady Total 0.69 eurshr, Shell 0.25shr LONDON, July 27 Reuters Europe39;s biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their secondquarter profits beat […]

SINGAPORE, July 29 Reuters Singapore39;s smallest listed lender, United Overseas Bank UOB, reported a rise of 11 in secondquarter profit, supported by a strong improvement in net interest income amid increasing interest rates. This rising interest rate environment is set to further boost our margins for the year, Chief Executive Wee Ee Cheong said in […]